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Insurance
The third quarter of 2017 was the 18th consecutive quarter in which average commercial insurance rates declined globally, according to Marsh's latest Global Insurance Market Index. 21 November 2017
Insurance
Hurricanes in North America have reduced Sompo’s consolidated net profit to ￥1.9 billion ($20 million) in the six months ended Sept. 30 (first half of Sompo’s financial year) compared to ￥43.4 billion in the same period a year ago. 20 November 2017
Insurance
MS Amlin has recorded ¥87.4 billion ($780 million) in nat cat losses including hurricanes Harvey, Irma and Maria as well as earthquakes in Mexico. 20 November 2017
Insurance
The insurance penetration in Latin America and how it could be increased will be the main talking point at the FIDES 2017 insurance conference in El Salvador, according to a survey carried out by Intelligent Insurer. 15 November 2017
Insurance
The Chilean insurance market has more than doubled its written premium in the last 10 years, according to Jorge Claude, executive vice-president of the Asociación de Aseguradores de Chile (AACH), the Chilean Association of Insurers 14 November 2017
News
The Latin American region is continuously evolving and re/insurance goes hand in hand with this progress. 14 November 2017
Insurance
Heavy losses from the series of hurricanes in North America and other natural catastrophes hit profits at Allianz Group in the third quarter of 2017 but the insurer also posted steady growth drive largely by its life and health business. 10 November 2017
Insurance
Talanx, the parent company of Hannover Re, has appointed Torsten Leue as its new chief executive officer. The current CEO, Herbert Haas, will step down from the board of management at the request of the majority shareholder HDI. 10 November 2017
Insurance
New business in West and Southern Africa as well relatively stable currencies against the US dollar drove growth at Africa Re for the first nine months of 2017. But the reinsurer made a loss due to higher claims. 10 November 2017
Insurance
Hong Kong-based Peak Reinsurance Company has been authorised as a life and general reinsurer by the Monetary Authority of Singapore to write reinsurance business in the country. 10 November 2017
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